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News PGIM India Mutual Fund launches PGIM India Large and Midcap Fund
Jan 25, 2024
Mutual Fund
PGIM India Mutual Fund launches PGIM India Large and Midcap Fund
NFO period: 24th January – 07th February, 2024
Highlights of the NFO:
- Scheme type – An open ended equity scheme investing in both large cap and mid cap stocks
- Investment objective – The investment objective of the scheme is to seek long term capital growth through investments in equity and equity related securities of predominantly large cap and mid cap stocks. However, there can be no assurance that the investment objective of the scheme will be achieved. The scheme does not guarantee/ indicate any returns.
- Product suitability – The product is suitable for investors who are seeking long term capital growth by investing in equity and equity related securities of predominantly large cap and mid cap stocks.
- Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available – Regular Plan & Direct Plan having Growth Option and Dividend Option with Dividend Payout and Dividend Reinvestment sub-options.
- Fund Managers – Mr. Vinay Paharia (Equity Portion), Mr. Anandha Padmanabhan Anjeneya (Equity Portion), Mr. Utsav Mehta (Equity Portion), Mr. Puneet Pal (Debt Portion) and Mr. Ojasvi Khicha (Overseas Investment)
- Benchmark – NIFTY Large Midcap 250 Index TR
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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